Multiple Choice
A company has a long-term investment in available-for-sale securities. The Unrealized Gain on Investment in Available-for-Sale Securities is reported as:
A) Other comprehensive income in the statement of comprehensive income.
B) Other gains on the income statement.
C) a change in owners' equity that bypasses net income.
D) A and C.
Correct Answer:
Verified
Correct Answer:
Verified
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